£226,392
This estimated value is based upon the latest sale price for the house of £135,000 on 24 Nov 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£135,000 | 24 Nov 2006 |
£41,000 | 19 Dec 2001 |
Terraced |
Freehold |
Floor Area: 138 sq meters or 1,485 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in November 2006 the House Price Index for TYNE AND WEAR was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £135,000 results in an estimated price of approximately £226,392.
24 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 148.6 | 67.698 % | £135,000 | £91,392 | £226,392 |
The Postcode Pricing Model uses changes in average sales price within the SR4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 14.822 % | £20,010 | £155,010 |
3 Month Average | -3.049 % | £-4,116 | £130,883 |
6 Month Average | -1.296 % | £-1,749 | £133,250 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £87,114 | £86,000 | 13 WOLSELEY TERRACE |
4 Aug 2023 | £92,812 | £92,000 | 28 GENERAL GRAHAM STREET |
23 Jun 2023 | £131,594 | £130,000 | 18 QUEENS CRESCENT |
19 Jun 2023 | £122,484 | £121,000 | 23 GENERAL GRAHAM STREET |
16 Jun 2023 | £84,170 | £83,150 | 17 GENERAL GRAHAM STREET |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 3 Mar 2017. Using an estimated price of £226,393 means this house is valued at £1,640 per sq meter (£152 per sq foot).
The average size of a house on GENERAL GRAHAM STREET is 103 sq meters (1,114 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Oaklands Terrace |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Oaklands Terrace |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near High Barnes Terrace |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near High Barnes Terrace |
Feb 2024 | Criminal damage and arson | Under investigation | On or near High Barnes Terrace |